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Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade

STOCKHOLM (AP) — Sweden’s central bank on Thursday cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction over a decade.

By: Yahoo Canada Finance

Nov 08 2024
33
4245 Views

Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade

Sweden cuts its key rate by 0.

STOCKHOLM (AP) — Sweden’s central bank on Thursday cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction over a decade.
Riksbanken said the cut, the fourth this year, was “to provide further supp... [1737 chars]

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